Tuesday, February 11, 2014

Rank and Economy

The rank of Germany from the poorest is 164 and from the richest is 22, with gdp per capita using atlas method in 2003 being 25,250 $. In other measurements, e.g., IMF, WB and CIA using nominal method in 2007, 2007, and 2008
IMF................................................WB...........................................CIA
rank/measure...............................rank/measure.................................rank/measure
19/40,400......................................16/40,079...............................20/40,315
Economy of Germany
Frankfurt Am Main-Stadtansicht von der Deutschherrnbruecke am fruehen Abend-20110808.jpg
Frankfurt, financial capital of Germany.
Rank4th (nominal) / 5th (PPP)
CurrencyEuro (EUR)[1]
Fiscal yearcalendar year
Trade organisationsEUWTO (via EU membership) andOECD
Statistics
GDP$3.428 trillion (2012 nominal)[2]
GDP growthIncrease0.9% (2012 est.)[3]
GDP per capita$41,245 (PPP; 2012 est.)[4]
GDP by sectoragriculture: 0.8%, industry: 28%, services: 71.2% (2012 est.)
Inflation (CPI)1.43% (December 2013)[5]
Gini coefficient.27 (2006)
Labour force43.93 million (2012 est.)
Labour force
by occupation
agriculture (2,4%), industry (29,7%), services (67,8%) (2005)
Unemployment5.2% (October 2013)[6]
Average gross salary€2,977 / $4,076, monthly (2013)
Average net salary
 Germany is the largest national economy in Europe, the fourth-largest by nominal GDP in the world, and fifth by GDP (PPP) in 2008]Since the age ofindustrialisation and beyond, the country has been a driver, innovator, and beneficiary of an ever more globalised economy. Germany's economic policy is based on the concept of the social market economy. The country is a founding member of the European Union and theEurozone. Germany is the third largest exporter in the world with $1.516 trillion exported in 2012.[18][dated info] Exports account for more than one-third of national output. In 2013, Germany recorded the highest trade surplus in the world worth $270 billion. This made Germany the biggest capital exporter in the world.Among the top 10 biggest economies in the world, Germany is the only country with a stable Triple-A (AAA) credit rating.
Germany is the largest producer of lignite in the world. Germany is also rich in timber, iron ore, potash, salt, uranium, nickel, copper and natural gas. Energy in Germany is sourced predominantly by fossil fuels, followed by nuclear power, and by renewable energy like biomass (wood and biofuels), wind, hydro and solar.
The service sectorcontributes around 70% of the total GDP, industry 29.1%, and agriculture 0.9%. Most of the country's products are in engineering, especially in automobiles, machinery, metals, and chemical goods.[23]Germany is the leading producer of wind turbines and solar power technology in the world. Combination of service-oriented manufacturing, R&D spending, links between industry and academia, international cooperation and the Mittelstandcontribute to the overall competitiveness of the economy of Germany.
Germany is the world's top location for trade fairs. Around two thirds of the world's leading trade fairs take place in Germany.The largest annual international trade fairs and congresses are held in several German cities such as HanoverFrankfurt andBerlin.
Of the world's 500 largest stock market listed companies measured byrevenue, the Fortune Global 500, 37 are headquartered in Germany. In 2012 the ten largest were Volkswagen,AllianzE.ONDaimler,SiemensMetroDeutsche TelekomMunich ReBASF, and BMW.[29] Other large German companies include: Robert BoschThyssenKruppContinentalMAN andTrumpf (diversified industrials); KUKA (robotics); Bayer and Merck(pharmaceuticals); Adidas and Puma (clothing and footwear); Commerzbank andDeutsche Bank (banking and finance); Deutsche Bahn (rail transport); AldiLidl, andEdeka (retail); SAP (computer software); Infineon (semiconductors); Henkel(household and personal consumer products); Deutsche Post (logistics);Bertelsmann (mass media); and Hugo Boss (luxury goods). Well-known global brands are Mercedes BenzBMWAdidasAudiPorscheVolkswagenBayer,BASFBoschSiemensLufthansaSAP and Nivea.